Page 1720 - Economy & Policy News

Export order books improving, but labour shortage still an issue: Exporters

Exporters associations say orders are coming but there is a problem in boosting production as workers stay away in coronavirus pandemic

Compute tax demand for all assessees by August 31, says CBDT chief

Many taxpayers are waiting to file applications under 'Vivad Se Vishwas' scheme, but they are also waiting for correct demand to be intimated to them, says P C Mody

Discoms' outstanding dues to power gencos rise 47% to Rs 1.33 trn in June

Distribution companies (discoms) owed a total of Rs 90,655 crore to power generation firms in June 2019

Individuals to benefit as govt eases eligibility criteria for MSME credit

The Centre has also decided to include personal loans for business purposes under the scheme

Good monsoon has led to more acreage under cultivation: Agri ministry

The area planted with rice, the main food crop of the world's second-most populous country, was 26.7 million hectares, compared with 22.4 million hectares in the year-earlier period

Govt widens ambit of Rs 3 trn MSME credit scheme, doubles upper loan limit

The maximum amount of guaranteed emergency credit line (GECL) funding under the scheme would also correspondingly increase from Rs 5 crore at present to Rs 10 crore

Covid-19 impact: July GST collections down 14.6% YoY to Rs 87,422 cr

GST collections in July were 4 per cent lower than June 2020 as well

Govt allows export of indigenous ventilators as Covid fatality rate drops

As on July 31, only 0.22 per cent of the active cases were on ventilators across the country

July GST collection tumbles 14% to Rs 87,422 cr as Covid-19 hits economy

The July collections, which is 84 per cent of last year's numbers, is however, a recovery from the months of April and May

GST Council to discuss legal opinion of AG on compensation: Sitharaman

Tthe Attorney General has opined that there is no obligation on the central government to pay the GST compensation shortfall to the states

Govt to come out with list of strategic sectors soon: FM Sitharaman

She said there could be various models to achieve minimum four PSUs in case of those falling under the strategic sector

Samsung, Foxconn to take part in govt's PLI scheme for phone manufacturing

The scheme aims to make India a manufacturing and export hub for mobile phones

Committee on Public Undertakings to examine AAI, NBCC among others

11 issues have been chosen for Comprehensive Examination, eight for horizontal study and five subjects for audit based purposes

Time to make 2G telecom services part of history, says Mukesh Ambani

Reliance Jio shares platform with Bharti Airtel to ring in 25 years of mobile telephony

Two-pronged strategy: Mukesh Ambani is coming for India's phones & wallets

At this month's AGM, Ambani promised to induct 'global partners and investors' in retail over the next few quarters

June retail credit grows Rs 11,518 crore after shrinking for 2 months

Outstanding loans to SME remained flat at Rs 3.52 trillion in June, compared to May

Birla Tyres to RCom, low-denomination stocks hit top gear on Dalal Street

Dream run may come to a screeching halt anytime, warn analysts as fundamentals do not back them

Govt notifies e-invoicing for companies with Rs 500-crore turnover

The move comes as the government is looking at ways to plug evasion amid dismal GST collections with the pandemic driving economy towards recession

Dedicated Freight Corridor braves Covid, completes 17% planned expenditure

DFC employed over 22,000 people during lockdown. For 2020-21, total capex lined up for project is Rs 11,344 cr, up 13% from Rs 10,034 cr during 2019-20

Finance Commission group suggests to set up state-led plan for agri exports

The high-level group is of the view that India's agricultural export has the potential to grow from $40 billion to $70 billion in a few years